China installed more than 30 GW solar PV in the first seven months in 2017 which was triggered by the second Feed-in Tariff (FiT) reduction announced at the end of 2016. The solar industry believes 2017 will be a record year and that new installations will pass 40 GW.
However, in this Spark – Energy Insight Chinese Solar Market Is Growing More Aggressively Than Wind, FTI Intelligence asks how does China’s solar PV market look after the rush? Will solar installations continue to beat those in wind? Is there still room for further PV cost reductions? Which of wind and solar will reach grid parity in China first? In addition, FTI Intelligence appraises China’s latest solar PV market outlook (up to 2026) and analyzes the further cost reduction potential of solar PV.Back to Research